Yesterday’s after-hours trading session saw a total of three companies lose 10 percent or more, starting with Krispy Kreme Doughnuts, Inc.
Yesterday’s after-hours trading session saw a total of three companies lose 10 percent or more, starting with Krispy Kreme Doughnuts, Inc. (NYSE: KKD), which lost 11.2 percent to trade at $20.64 per share on 215,040 shares traded. Despite the loss, KKD is presently trading 15.26 percent above its 50-day moving average and 59.61 percent above its 200-day moving average. Krispy Kreme stock is now 1.44 percent below its 52-week high and 243.13 percent above its 52-week low.
Pacific Sunwear of California, Inc. (NASDAQ: PSUN) also lost more than 10 percent, dropping by 10.7 percent to $3.5 per share on 58,440 shares traded. The company is trading 2.04 percent above its 50-day moving average and 48.01 percent above its 200-day moving average. Pacific Sunwear is now 14.60 percent below its 52-week peak and 188.24 percent above its 52-week low.
OmniVision Technologies, Inc. (NASDAQ: OVTI) was the third company dropping by double digits, ticking down by 10.4 percent to $16.50 per share on 308,980 shares traded. OVTI stock is 5.82 percent above its 50-day moving average and 19.46 percent above its 200-day moving average. OmniVision, which manufactures semiconductor image-sensor devices, is trading 10.11 percent below its 52-week high and 52.65 percent above its 52-week low.
After-hours trading was indeed quite brutal yesterday for several companies, as two more lost between seven and eight percent. Curis, Inc. (NASDAQ: CRIS) dropped 7.8 percent to $4.2159 per share on 2,800 shares traded, while McEwen Mining Inc. (NYSE: MUX) lost 7.5 percent to settle at $2.6647 per share on 113,000 shares traded. Curis is trading 20.64 percent and 31.39 percent respectively better than its 50-day and 200-day moving averages. The company is even with its 52-week high and 71.80 percent above its 52-week low. McEwen Mining is trading 40.71 percent above its 50-day moving average and 6.74 percent above its 200-day moving average. The company, whose stock is overbought due to its 71.43 RSI, is trading 41.70 percent under its 52-week peak and 76.69 percent above its 52-week low.
Five other companies lost at least four percent, starting with Oragenics, Inc. (OTC: OGEN), a biopharmaceutical company that dropped by 5.4 percent to $2.98 on 3,700 shares traded. OGEN is 0.28 percent below its 50-day moving average and 6.01 percent above its 200-day moving average.
SkyWest, Inc. (NASDAQ: SKYW) fell by 4.6 percent to $12.4073 on 1,400 shares traded, and is now trading 9.34 percent and 5.43 percent respectively below its 50-day and 200-day moving average.
Also losing 4.6 percent was ReneSola Ltd. (NYSE: SOL), which dropped to $4.20 per share on 2,710 shares traded, and is now 25.74 percent above its 50-day moving average and 96.04 percent above its 200-day moving average.
iGate Corporation, a provider of information technology (IT) solutions, dropped 4.4 percent to $23.3473 on 3,100 shares traded, while Republic Airways Holdings, Inc. (NASDAQ: RJET) is now trading at $10.9253 per share on 2,100 shares traded following a loss of 4 percent.
Other losers of note included Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC, down 3.6 percent to $36.506 per share), Tower Group, Inc. (NASDAQ: TWGP, down 3.5 percent to $14.0196), Photronics, Inc. (NASDAQ: PLAB, down 3.4 percent to $7.3996) and Liberty Global, Inc. (NASDAQ: LBTYA, down 3.3 percent to $76.0334 per share).